EU

The European Union is seeking an additional €70 billion for Ukraine in 2024, following a direct appeal from President Volodymyr Zelenskyy, who highlighted the financial impact of Russia’s intensified military actions. EU leaders have tasked the European Commission with identifying ways to bridge the funding gap.

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Nvidia CEO Jensen Huang warned that Germany is lagging in the artificial intelligence race, urging faster implementation of AI by policymakers. At the upcoming Invest in Germany summit, Chancellor Friedrich Merz will announce a joint AI pact and significant funding to enhance Germany’s technological competitiveness.

Montenegro is addressing disputes with Croatia that could impact its EU accession plans by 2028. Croatia has listed grievances, including cultural heritage issues and compensation claims, while Montenegro recently enacted laws aimed at resolving some concerns. Ongoing negotiations focus on border and property disputes.

Russia has fired intercontinental missiles into Ukraine, marking the first time they have used such weapons. It comes after Ukraine fired British and American missiles into Russia. The ongoing escalations in the war dominate European news, as the EU leaders prepare for US support for Ukraine to come to a screeching end in January when Donald Trump takes office.

The ongoing discussions at COP29 continue to dominate European news as a climate finance deal has failed to break a stand-off between rich and poor nations.

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